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Assignment QI Andes is a manufacturer of television set located in the industrial area in the Tema Accra Metropolis The following table shows the number

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Assignment QI Andes is a manufacturer of television set located in the industrial area in the Tema Accra Metropolis The following table shows the number of units of televisions produced in a year and the total costs incurred. Units produced total cost Ghc 5,200 10 15 5,500 6,500 20 6,500 25 30 7,500 8,500 35 8,800 12 Using graph: 1) Establish the cost equation of the company 9 Marks ii) The units to be produced to incur a variable cost of Ghc 3,200 2 Marks iii) The variable cost of production at activity level of 17 units. 2 Marks Using least square regression method: 1) Establish the cost equation of the company 9 Marks ii) The units to be produced to incur a variable cost of Ghc 3,200 2 Marks iii) The variable cost of production at activity level of 17 units. 2 Marks

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